Revised forecast
Fiscal year ending March 2027 · Full year (1 April 2026 to 31 March 2027) and second quarter (interim period)Previous forecast published 30 April 2026The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.
The trend in interim-period results is expected to continue in the second half, and net sales are expected to exceed the previous forecast. Although revenue is expected to increase, the outlook for the situation in the Middle East remains uncertain and raw material prices are also expected to rise. However, because interim-period profit exceeded the initial assumptions, operating profit and ordinary profit are expected to exceed the previous forecasts. Net income attributable to owners of the parent is also expected to exceed the previous forecast, reflecting the recognition of an approximately ¥3.7 billion gain on the sale of shares as an extraordinary gain and approximately ¥2.8 billion in impairment losses and other items as an extraordinary loss.
Impairment losses and other items: approximately ¥2.8 billion
| Item | Details |
|---|---|
| Net Sales | ¥110,000 million → ¥125,000 million（+13.6%） |
| Operating profit | ¥3,500 million → ¥5,800 million（+65.7%） |
| Ordinary income | ¥2,800 million → ¥5,000 million（+78.6%） |
| Profit attributable to owners of the parent | ¥2,650 million → ¥4,400 million（+66.0%） |
| Net income per share | 109.07 Yen → 180.83 Yen |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Full year (1 April 2026 to 31 March 2027) and second quarter (interim period) |
| Publication date of previous forecast | 30 April 2026 |
| Previous-period results | Full year (fiscal year ended March 2026) Net Sales ¥103,763 million / Operating profit ¥3,283 million / Ordinary income ¥2,996 million / Profit attributable to owners of the parent ¥2,345 million / Net income per share ¥96.56 / Prior-period second-quarter (interim) results Net Sales ¥51,248 million / Operating profit ¥1,633 million / Ordinary income ¥1,296 million / Interim net income attributable to owners of the parent ¥834 million / Interim net income per share ¥34.35 |
| Reason for the revision | The trend in interim-period results is expected to continue in the second half, and net sales are expected to exceed the previous forecast. Although revenue is expected to increase, the outlook for the situation in the Middle East remains uncertain and raw material prices are also expected to rise. However, because interim-period profit exceeded the initial assumptions, operating profit and ordinary profit are expected to exceed the previous forecasts. Net income attributable to owners of the parent is also expected to exceed the previous forecast, reflecting the recognition of an approximately ¥3.7 billion gain on the sale of shares as an extraordinary gain and approximately ¥2.8 billion in impairment losses and other items as an extraordinary loss. |
| Details and amount of extraordinary loss | Impairment losses and other items: approximately ¥2.8 billion |
| Dividend forecast revision | The interim dividend has been increased to ¥25 per share (previous forecast: ¥21). The year-end dividend forecast has also been increased to ¥25 per share (previous forecast: ¥21), bringing the full-year total to ¥50 (previous forecast: ¥42). The regular dividend and special dividend have each been increased by ¥2 per share. |
| Consolidated / non-consolidated | Consolidated |
The reasons the company gives
The company's own explanation, not something inferred from the numbers.Because interim-period results exceeded forecasts and this trend is expected to continue in the second half. The reasons cited also include increased demand, a review of selling prices, higher profit resulting from increased revenue, and the recognition of equity-method investment gains, as well as an approximately ¥3.7 billion gain on the sale of shares and approximately ¥2.8 billion in impairment losses and other items.